Short Interest in FundX Conservative ETF (NYSEARCA:XRLX) Increases By 91.6%
by Jessica Moore · The Cerbat GemFundX Conservative ETF (NYSEARCA:XRLX – Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 615 shares, a growth of 91.6% from the July 15th total of 321 shares. Based on an average daily volume of 923 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the company’s shares are sold short.
FundX Conservative ETF Stock Performance
Shares of XRLX stock traded down $0.03 during mid-day trading on Friday, hitting $49.53. 217 shares of the stock were exchanged, compared to its average volume of 1,455. The stock has a market capitalization of $49.53 million, a price-to-earnings ratio of 27.26 and a beta of 0.70. FundX Conservative ETF has a 12-month low of $43.84 and a 12-month high of $49.91. The stock’s fifty day simple moving average is $48.74 and its two-hundred day simple moving average is $47.45.
FundX Conservative ETF Company Profile
The fundX Investment Conservative ETF (XRLX) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed fund-of-funds that seeks long-term capital appreciation through a conservative portfolio of equity and fixed income securities perceived to be in sync with market leaders. XRLX was launched on Jan 7, 2002 and is issued by FundX.